Amazon and Apple spark Asian stocks rebound

Asian equities edged toward record levels as upbeat results from Amazon and Apple rekindled risk appetite, nudging US equity futures higher after a brief lull in the global rally. MSCI’s regional gauge rose 0.4% and Japan gained 1%, while mainland China and Hong Kong slipped. Apple advanced in late trading after topping revenue estimates and offering a bullish holiday forecast. Amazon jumped 13% in extended trading after reporting its fastest cloud growth in nearly three years.

Reviewed by JQJO team

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